Thai Cabinet Approves US$1.4 Billion Stimulus Programme to Boost Growth

Thailand deploys B44bn stimulus to spur consumption

Prime Minister Anutin Charnvirakul’s government has green-lit a 44 billion baht consumption stimulus programme to boost a weakening economy and its popularity ahead of a general election.

Thai Cabinet approves US$1.4 billion stimulus programme to boost growth

BANGKOK: Thailand's Cabinet on Tuesday (Oct 7) approved a consumption stimulus programme worth 44 billion baht (US$1.36 billion), a government spokesperson said, as the new government tries to boost a sluggish economy.The "co-payment" scheme will subsidise up to 60 per cent of the costs of certain food and co

Thailand expands ‘Half-Half’ co-payment scheme with 44 billion baht boost to year-end spending

The Cabinet has approved a new phase of the popular Khon La Krueng program, raising daily subsidies and extending eligibility to small businesses in a bid to spur consumer spending and lift fourth-quarter GDP. BANGKOK, Thailand – Thailand’s Cabinet on Tuesday approved an expanded phase of the “Khon La Krueng” (Half-Half) co-payment scheme, a short-term stimulus to boost consumer spending in the final two months of the year. The scheme, which run…

Thai Cabinet approves 44 billion baht stimulus programme to boost growth

South-east Asia’s second-largest economy has been hit by US tariffs, high household debt, weak consumption, and a strong currency